167 W Ridge Street, Nanticoke

Nanticoke, PA, 18634 · MLS #25-3077

$230,000

Sold September 2025

167 W Ridge Street, Nanticoke in Nanticoke

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Approximate location · View larger map

Units

3,723

Building SF

$62

Per Sq Ft

Last List Price

$275,000

Sold For

$230,000

Against Asking

Sold 16.4% below asking

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About This Property

Investor Special! Fully Occupied 4-Unit Multifamily Property Turnkey investment opportunity! This 4-unit multifamily features four 2-bedroom, 1-bath units, each with separate utilities and long-term tenants in place. Two units have been recently updated, while the remaining two offer value-add potential with room for renovation and increased rent potential. Owner currently pays sewer and water. Tenants pay trash(owner pays and tenant reimburses owner) and all other utilities. Two water meters for each property. Water meters for each side are shared by tenants. The property boasts a shared backyard, low property taxes, and a convenient layout for steady cash flow. Perfect for investors looking for both stability and upside. Don't miss this income-generating gem! Must give 24 hour notice, fully tenant occupied. Selling AS IS

This property has sold and is no longer on the market. It sold for $230,000 in September 2025. Contact us for other recent sales nearby. Listed by 4 Founders Realty, LLC.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Condition: Good

Interior

Basement: Concrete
Interior Features: Drywall, Plaster
Included: Refrigerators, Oven/Stoves

Systems

Heating: Natural Gas, Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Vinyl Siding
Roof: Composition
Outdoor: Porch
Garage: Detached
Lot Dimensions: 0.17 acres

Location

County: Luzerne County
School District: Nanticoke
Zoning: Multi-Family

Costs & Listing

Annual Taxes: $2,535
Gross Income: $32,750
Net Operating Income: $24,800
Cap Rate: 9.02%
MLS #: 25-3077
Listed By: 4 Founders Realty, LLC

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